Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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Wage Growth Distribution and Decline among Individuals: 2001-2017
22 Jul 2019
Conferences
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4037KB
RBA Annual Conference 2019
https://www.rba.gov.au/publications/confs/2019/pdf/rba-conference-2019-kalb-meekes.pdf
Changes in the Determinants of Inflation in Australia
1 Dec 2009
RDP
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371KB
This maysimply be a consequence of an extended period in which unemployment was abovethe NAIRU. ... In this case,the unexpectedly strong productivity growth can be interpreted as having led to atleast a temporary fall in the NAIRU, again imparting
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-02.pdf
Dimensions, Structure and History of Australian Unemployment
7 Dec 2006
Conferences
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110KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/borland-kennedy.pdf
Central Bank Frameworks: Evolution or Revolution?
4 Jan 2023
Conferences
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7522KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018.pdf
Discussion of The Smoothing of Official Interest Rates
7 Dec 2006
Conferences
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25KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/lindsey-disc.pdf
Global Relative Price Shocks: The Role of Macroecnomic Policies
11 Jan 2010
RDP
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199KB
The NAIRU utT. is assumed to be 5 per cent and the infl ation target (πT) is 2 per cent.
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-10.pdf
Estimates of Uncertainty around the RBA's Forecasts
28 Jan 2015
RDP
PDF
689KB
was accompanied by zero bias in underlying inflation. This suggests that the bias in the unemployment forecasts was offset by similar bias in the NAIRU and/or unanticipated appreciation of the
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-07.pdf
Discussion of Perspectives on the Australian Policy Framework
7 Dec 2006
Conferences
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30KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/stevens-disc.pdf
Global Relative Price Shocks: The Role of Macroeconomic Policies
10 May 2010
Conferences
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314KB
RBA Conference Volume 2009
https://www.rba.gov.au/publications/confs/2009/pdf/cagliarini-mckibbin.pdf
The Real-time Forecasting Performance of Phillips Curves
2 Dec 2009
RDP
PDF
127KB
First, they assume that the NAIRU is constantthrough time, over their sample period from 1959 to 1997. ... While this maybe an appropriate assumption for the US, the work of Gruen, Pagan andThompson (1999) suggests that, for Australia, there are likely
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-12.pdf